Standard Chartered Raises Ethereum Price Target to $7,500 by Year-End

Standard Chartered has increased its price target for Ethereum to $7,500 by the end of the year from the previous $4,000 estimate.

  • The revision is driven by growing demand from corporate treasury buyers and spot ETH products.
  • Key drivers include fee growth on the Ethereum network and stronger institutional adoption.
  • The bank's longer-term targets for 2028 have been raised to $25,000, with potential scenarios reaching $40,000 by 2030.

Institutional Buying Drives Demand

  • Since June, treasury firms and spot ETF flows have accumulated close to 4% of Ether’s circulating supply.
  • Treasury firms alone purchased approximately 2.3 million ETH in over two months.

Ethereum Vs. Bitcoin

  • Standard Chartered suggests Ethereum might outperform Bitcoin, potentially returning the ETH/BTC ratio to 2021 levels.
  • Weaker Bitcoin momentum and stronger real-world use of Ethereum could accelerate Ether’s price increase.

Long-Term Upside Scenarios

  • Forecasts suggest $30,000 by 2029 and $40,000 by 2030, based on expanded stablecoin use and tokenized assets.
  • Market experts caution that outcomes depend on ETF flows and corporate decisions.

Network Fundamentals And Risks

  • Ethereum's share of stablecoin activity and role in decentralized finance are essential for valuation models.
  • Scale improvements and Layer 1 throughput will be significant if traditional finance transactions move onchain.
  • The research warns that macroeconomic changes, ETF outflows, or regulatory issues could alter projections.